Thailand Tax Revenue: % of GDP

1990 - 2024 | Yearly | % | CEIC Data

Key information about Thailand Tax revenue: % of GDP

  • Thailand Tax revenue: % of GDP was reported at 13.1 % in Dec 2024.
  • This records a decrease from the previous number of 13.1 % for Dec 2023.
  • Thailand Tax revenue: % of GDP data is updated yearly, averaging 14.0 % from Dec 1990 to 2024, with 35 observations.
  • The data reached an all-time high of 16.5 % in 1991 and a record low of 12.7 % in 1999.
  • Thailand Tax revenue: % of GDP data remains active status in CEIC and is reported by CEIC Data.
  • The data is categorized under World Trend Plus’s Global Economic Monitor – Table: Tax Revenue: % of Nominal GDP: Annual.

CEIC shifts year-end for annual Tax Revenue as % of Nominal GDP and calculates it from annual Tax Revenue and annual Nominal GDP. Budget Bureau provides Tax Revenue in local currency based on GFSM 2001. The Office of the National Economic and Social Development Council provides Nominal GDP in local currency. Tax Revenue prior to 2011 is based on GFSM 1986. Tax Revenue is reported in annual frequency, ending in September of each year.

View Thailand's Tax Revenue: % of GDP from 1990 to 2024 in the chart:

Thailand Tax Revenue: % of GDP

What was Thailand's Tax Revenue: % of GDP in 2024?

Thailand Tax revenue: % of GDP was reported at 13.1 % in Dec 2024. See the table below for more data.

Last Previous Min Max Unit Frequency Range
13.1 2024 13.1 2023 12.7 1999 16.5 1991 % yearly 1990 - 2024

Tax Revenue: % of GDP by Country Comparison

country/region Last Frequency Range
Albania (%) 20.3 2025 yearly 1997 - 2025
Algeria (%) 4.5 2024 yearly 1997 - 2024
Argentina (%) 14.5 Dec 2025 quarterly Mar 2004 - Dec 2025
Armenia (%) 19.2 Dec 2024 quarterly Mar 2008 - Dec 2024
Australia (%) 30.5 Dec 2025 quarterly Sep 2002 - Dec 2025
Austria (%) 31.5 Dec 2025 quarterly Mar 2001 - Dec 2025
Azerbaijan (%) 17.3 2025 yearly 1993 - 2025
Bahrain (%) 5.3 2024 yearly 1990 - 2024
Bangladesh (%) 7.1 2025 yearly 2006 - 2025
Belarus (%) 21.7 Sep 2021 quarterly Mar 2009 - Sep 2021
Belgium (%) 28.8 2025 yearly 1980 - 2025
Bolivia (%) 17.8 2024 yearly 1990 - 2024
Bosnia and Herzegovina (%) 22.3 2024 yearly 2005 - 2024
Botswana (%) 23.2 Dec 2025 quarterly Jun 2007 - Dec 2025
Brazil (%) 18.4 Mar 2026 quarterly Sep 1994 - Mar 2026
Brunei (%) 1.8 2024 yearly 2007 - 2024
Bulgaria (%) 29.5 Dec 2025 quarterly Mar 2003 - Dec 2025
Cambodia (%) 11.5 2024 yearly 2009 - 2024
Canada (%) 12.9 Dec 2025 quarterly Mar 1996 - Dec 2025
Chile (%) 19.7 2024 yearly 1990 - 2024
China (%) 3.6 Mar 2026 quarterly Mar 1995 - Mar 2026
Colombia (%) 13.3 Dec 2025 quarterly Mar 2000 - Dec 2025
Croatia (%) 25.6 Sep 2025 quarterly Mar 1999 - Sep 2025
Cyprus (%) 27.2 Dec 2025 quarterly Mar 1995 - Dec 2025
Czech Republic (%) 19.1 Dec 2025 quarterly Mar 1995 - Dec 2025
Denmark (%) 42.8 Dec 2025 quarterly Mar 1999 - Dec 2025
Ecuador (%) 12.1 Dec 2025 quarterly Mar 2000 - Dec 2025
Egypt (%) 6.0 2025 yearly 2005 - 2025
Estonia (%) 25.4 Dec 2025 quarterly Mar 1999 - Dec 2025
European Union (%) 26.1 2025 yearly 1995 - 2025
Finland (%) 31.7 Dec 2025 quarterly Mar 1999 - Dec 2025
France (%) 18.3 Dec 2025 quarterly Mar 2006 - Dec 2025
Georgia (%) 23.3 Dec 2025 quarterly Mar 2006 - Dec 2025
Germany (%) 23.5 Dec 2025 quarterly Mar 1991 - Dec 2025
Ghana (%) 15.1 Jun 2025 quarterly Mar 2008 - Jun 2025
Greece (%) 30.9 Dec 2025 quarterly Mar 1999 - Dec 2025
Hong Kong SAR, China (%) 25.4 Dec 2025 quarterly Sep 1979 - Dec 2025
Hungary (%) 23.7 Dec 2025 quarterly Mar 1999 - Dec 2025
Iceland (%) 35.5 Dec 2025 quarterly Mar 2002 - Dec 2025
India (%) 7.8 Dec 2025 quarterly Jun 1997 - Dec 2025
Indonesia (%) 7.5 Mar 2026 quarterly Mar 2014 - Mar 2026
Iran (%) 4.9 2023 yearly 1996 - 2023
Ireland (%) 24.1 Dec 2025 quarterly Mar 2000 - Dec 2025
Israel (%) 23.4 Dec 2025 quarterly Mar 2001 - Dec 2025
Italy (%) 37.0 Dec 2025 quarterly Mar 1999 - Dec 2025
Ivory Coast (%) 12.9 2024 yearly 1960 - 2024
Japan (%) 13.0 Dec 2025 quarterly Jun 1983 - Dec 2025
Jordan (%) 16.0 2025 yearly 1999 - 2025
Kazakhstan (%) 15.8 Sep 2025 quarterly Mar 2008 - Sep 2025
Kenya (%) 6.6 2024 yearly 2006 - 2024
South Korea (%) 11.9 Dec 2025 quarterly Mar 2000 - Dec 2025
Kosovo (%) 24.8 Sep 2023 quarterly Mar 2010 - Sep 2023
Kuwait (%) 1.2 2024 yearly 1986 - 2024
Kyrgyzstan (%) 30.2 Mar 2026 quarterly Mar 2007 - Mar 2026
Laos (%) 15.0 2024 yearly 2012 - 2024
Latvia (%) 21.8 Dec 2025 quarterly Mar 1999 - Dec 2025
Lebanon (%) 9.3 2024 yearly 1998 - 2024
Lithuania (%) 23.2 Dec 2025 quarterly Mar 1999 - Dec 2025
Luxembourg (%) 29.5 2025 yearly 1995 - 2025
Macau SAR, China (%) 27.4 2024 yearly 2002 - 2024
North Macedonia (%) 17.9 Dec 2025 quarterly Mar 2004 - Dec 2025
Malawi (%) 13.5 2022 yearly 2009 - 2022
Malaysia (%) 12.1 Dec 2025 quarterly Mar 1991 - Dec 2025
Malta (%) 27.8 Dec 2025 quarterly Mar 1999 - Dec 2025
Mauritius (%) 27.6 Jun 2025 quarterly Mar 2010 - Jun 2025
Mexico (%) 13.7 Dec 2025 quarterly Mar 1993 - Dec 2025
Moldova (%) 21.3 2024 yearly 2004 - 2024
Mongolia (%) 21.5 Dec 2025 quarterly Mar 2000 - Dec 2025
Montenegro (%) 26.9 Dec 2025 quarterly Mar 2012 - Dec 2025
Morocco (%) 21.0 Sep 2024 quarterly Mar 2007 - Sep 2024
Mozambique (%) 18.2 2016 yearly 1996 - 2016
Myanmar (%) 4.4 2021 yearly 2005 - 2021
Nepal (%) 19.1 2018 yearly 2001 - 2018
Netherlands (%) 25.6 Dec 2025 quarterly Mar 1999 - Dec 2025
New Zealand (%) 30.5 2025 yearly 1999 - 2025
Norway (%) 29.5 Dec 2025 quarterly Mar 2002 - Dec 2025
Oman (%) 4.5 2024 yearly 1996 - 2024
Pakistan (%) 10.3 2024 yearly 2001 - 2024
Palestinian Territory (%) 23.4 2024 yearly 2005 - 2024
Panama (%) 6.4 Dec 2025 quarterly Mar 2007 - Dec 2025
Paraguay (%) 10.2 Dec 2025 quarterly Mar 1998 - Dec 2025
Peru (%) 13.9 Dec 2025 quarterly Mar 1990 - Dec 2025
Philippines (%) 14.0 Mar 2026 quarterly Mar 1985 - Mar 2026
Poland (%) 15.1 Dec 2025 quarterly Mar 2007 - Dec 2025
Portugal (%) 24.0 Dec 2025 quarterly Mar 1999 - Dec 2025
Russia (%) 21.4 Dec 2025 quarterly Mar 1996 - Dec 2025
Serbia (%) 35.9 Dec 2025 quarterly Mar 2005 - Dec 2025
Singapore (%) 10.9 Dec 2025 quarterly Dec 1987 - Dec 2025
Slovakia (%) 15.9 Dec 2025 quarterly Mar 2005 - Dec 2025
Slovenia (%) 20.9 Dec 2025 quarterly Mar 2000 - Dec 2025
South Africa (%) 24.3 Dec 2025 quarterly Mar 1990 - Dec 2025
Spain (%) 22.9 2024 yearly 1995 - 2024
Sri Lanka (%) 17.1 Dec 2025 quarterly Mar 2014 - Dec 2025
Sudan (%) 5.6 2021 yearly 2001 - 2021
Sweden (%) 21.3 2025 yearly 1995 - 2025
Switzerland (%) 20.4 2024 yearly 1990 - 2024
Taiwan, China (%) 8.3 Mar 2026 quarterly Mar 1975 - Mar 2026
Tajikistan (%) 19.0 2024 yearly 2000 - 2024
Thailand (%) 13.1 2024 yearly 1990 - 2024
Tunisia (%) 26.7 2025 yearly 1991 - 2025

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Thailand Key Series

Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) -5.5 Dec 2025 quarterly Sep 2002 - Dec 2025
Consolidated Fiscal Balance (USD mn) -5,573.061 Mar 2026 monthly Oct 2001 - Mar 2026
Tax Revenue (USD mn) 68,755.587 2024 yearly 1984 - 2024
Tax Revenue: % of GDP (%) 13.1 2024 yearly 1990 - 2024
National Government Debt (USD mn) 350,915.4 Mar 2026 monthly Oct 1997 - Mar 2026
Government Debt: % of GDP (%) 59.1 Dec 2025 quarterly Dec 1997 - Dec 2025
Forecast: Government Expenditure (THB bn) 5,388.387 2031 yearly 1995 - 2031
Forecast: Government Net Debt (THB bn) 16,118.945 2031 yearly 1996 - 2031
Forecast: Government Revenue (THB bn) 4,875.965 2031 yearly 1995 - 2031
Total Public Debt as % of GDP (%) 66.380 Mar 2026 monthly Jan 2005 - Mar 2026
Govt Revenue: Gross: Revenue Dept: Value Added Tax (THB mn) 68,616.81 Jun 2018 monthly Oct 1989 - Jun 2018
Govt Revenue: Gross: Excise Dept (THB mn) 47,541.47 Jun 2018 monthly Oct 1989 - Jun 2018
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) 3.640 2028 yearly 1980 - 2028
Trade Balance (USD mn) -3,339.5 Mar 2026 monthly Jan 1957 - Mar 2026
Total Exports (USD mn) 35,157.1 Mar 2026 monthly Oct 1990 - Mar 2026
Total Exports Growth (%) 9.7 Mar 2026 monthly Oct 1991 - Mar 2026
Aluminum: Exports (USD th) 1,786,225.975 2024 yearly 1995 - 2024
Exports: Medicament (USD th) 538,858.502 2024 yearly 1995 - 2024
Exports: Medicinal and Pharmaceutical Product (USD th) 138,487.036 2024 yearly 1995 - 2024
Total Imports (USD mn) 38,496.6 Mar 2026 monthly Jan 1991 - Mar 2026
Total Imports Growth (%) 25.6 Mar 2026 monthly Jan 1992 - Mar 2026
Imports: Medicament (USD th) 2,168,687.079 2024 yearly 1995 - 2024
Imports: Medicinal and Pharmaceutical Product (USD th) 1,222,461.547 2024 yearly 1995 - 2024
Total Exports to USA (USD mn) 8,825.881 Mar 2026 monthly Jan 1971 - Mar 2026
Total Imports from USA (USD mn) 1,700.330 Mar 2026 monthly Jan 1971 - Mar 2026
Total Exports to China (USD mn) 3,377.670 Mar 2026 monthly Sep 1978 - Mar 2026
Total Imports from China (USD mn) 10,700.948 Mar 2026 monthly Apr 1974 - Mar 2026
MoC: Trade Balance: Custom Basis (THB mn) -118,651.842 Mar 2026 monthly Jan 1991 - Mar 2026
MoC: Imports: Custom Basis (THB mn) 1,206,111.387 Mar 2026 monthly Jan 1991 - Mar 2026
MoC: Exports: Custom Basis (THB mn) 1,087,459.545 Mar 2026 monthly Oct 1990 - Mar 2026
Imports Volume: Liquefied Natural Gas (Cub ft mn) 52,983.000 Mar 2026 monthly Jan 2010 - Mar 2026
Balance of Payments Last Frequency Range
Direct Investment Abroad (USD mn) 2,644.7 Dec 2025 quarterly Mar 2005 - Dec 2025
Current Account Balance (USD mn) 582.2 Mar 2026 monthly Jan 1985 - Mar 2026
Current Account Balance: % of GDP (%) -0.3 Dec 2025 quarterly Mar 1993 - Dec 2025
Foreign Direct Investment (USD mn) -517.0 Jul 2020 monthly Jan 2005 - Jul 2020
Foreign Direct Investment: % of GDP (%) 3.4 Dec 2025 quarterly Mar 1993 - Dec 2025
Foreign Portfolio Investment (USD mn) 1,009.620 Dec 2025 quarterly Mar 2005 - Dec 2025
Foreign Portfolio Investment: % of GDP (%) 0.7 Dec 2025 quarterly Mar 2005 - Dec 2025
Foreign Portfolio Investment: Equity Securities (USD mn) 139.2 Dec 2025 quarterly Mar 1976 - Dec 2025
Foreign Portfolio Investment: Debt Securities (USD mn) 870.410 Dec 2025 quarterly Mar 1976 - Dec 2025
External Debt (USD mn) 208,831.9 Dec 2025 quarterly Mar 1999 - Dec 2025
External Debt: % of GDP (%) 35.4 Dec 2025 quarterly Mar 2005 - Dec 2025
External Debt: Short Term (USD mn) 88,307.3 Dec 2025 quarterly Mar 1999 - Dec 2025
External Debt: Short Term: % of GDP (%) 15.3 2025 yearly 1980 - 2025
Forecast: Current Account Balance (USD bn) 18.022 2031 yearly 1980 - 2031
Net International Investment Position (USD mn) 91,861.190 Dec 2025 quarterly Mar 2012 - Dec 2025
BOP: USD: Current Account Balance (USD mn) 582.230 Mar 2026 monthly Jan 2005 - Mar 2026
Private Investment Index (PII): Seasonally Adjusted (SA) (2010=100) 139.20 Jun 2018 monthly Jan 2010 - Jun 2018
Monetary Last Frequency Range
Non Performing Loans Ratio (%) 3.0 Dec 2019 quarterly Mar 1998 - Dec 2019
Household Debt: % of GDP (%) 86.7 Dec 2025 quarterly Mar 2003 - Dec 2025
Non-Performing Loans (USD mn) 15,551.667 Mar 2026 quarterly Mar 1998 - Mar 2026
Money Supply M1 (USD mn) 112,598.165 Mar 2026 monthly Dec 1975 - Mar 2026
Money Supply M2 (USD mn) 855,773.937 Mar 2026 monthly Jan 1997 - Mar 2026
M2 Growth (%) 5.0 Mar 2026 monthly Jan 1998 - Mar 2026
Reserve Requirement Ratio (%) 1.0 Apr 2026 monthly Sep 1997 - Apr 2026
Foreign Exchange Reserves (USD mn) 245,193.1 Apr 2026 monthly Jan 1993 - Apr 2026
Foreign Exchange Reserves: Months of Import (NA) 6.2 Mar 2026 monthly Jan 1991 - Mar 2026
Gold Reserves (USD mn) 34,865.330 Apr 2026 monthly Dec 1956 - Apr 2026
Total Deposits (USD mn) 559,009.789 Mar 2026 monthly Dec 2000 - Mar 2026
Total Deposits Growth (%) 3.2 Mar 2026 monthly Dec 2001 - Mar 2026
Domestic Credit (USD mn) 862,192.4 Mar 2026 monthly Jan 2003 - Mar 2026
Domestic Credit Growth (%) 3.3 Mar 2026 monthly Jan 2004 - Mar 2026
Debt Service Ratio: Private Non-Financial Sector (%) 14.600 Sep 2025 quarterly Mar 1999 - Sep 2025
Credit to Households (USD bn) 507.808 Sep 2025 quarterly Dec 1991 - Sep 2025
Credit to Private Non-Financial Sector (USD bn) 966.462 Sep 2025 quarterly Mar 1957 - Sep 2025
Household Debt (USD mn) 502,273.1 Jun 2025 quarterly Mar 2003 - Jun 2025
Total Loans (USD mn) 549,296.819 Mar 2026 monthly Jan 2003 - Mar 2026
Total Loans Growth (%) -0.34 Mar 2026 monthly Jan 2004 - Mar 2026
Private Debt: % of Nominal GDP (%) 161.67 Dec 2025 quarterly Mar 2011 - Dec 2025
Private Credits (THB mn) 30,728,363.000 Mar 2026 monthly Jan 2011 - Mar 2026
Credit: Outs: CB: Businesses (THB mn) 6,656,095.000 Mar 2026 monthly Jan 2004 - Mar 2026
Credit: Outs: CB: Individuals (THB mn) 6,015,607.000 Mar 2026 monthly Jan 2004 - Mar 2026
Deposit: Outs: CB: Individuals (THB mn) 9,011,518.000 Mar 2026 monthly Oct 2003 - Mar 2026
Deposit: Outs: CB: Businesses (THB mn) 6,167,903.000 Mar 2026 monthly Oct 2003 - Mar 2026
Business and Economic Survey Last Frequency Range
Global Competitiveness Index (Score) 68.112 2019 yearly 2017 - 2019
Business Confidence Growth (% Point) -7.2 Apr 2026 monthly Feb 2000 - Apr 2026
Trade and Services Sentiment Index (TSSI): MSME: Present (NA) 52.300 Feb 2026 monthly Jan 2013 - Feb 2026
Leading Economic Index (LEI): BOT: Seasonally Adjusted (2000=100) 150.37 Jun 2018 monthly Jan 1993 - Jun 2018

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